Jerónimo Martins news

13 August 2015
As Pingo Doce acquires some small stores, its Recheio cash and carry-backed Amanhecer banner expands quickly by attracting independent store owners to the fascia, Sonae MC says it is set to focus on the Meu Super banner and DIA expands its Minipreço Market format, we round up developments from the country that underline its retailers’ increasing concentration on targeting shoppers’ top up and on-...
30 July 2015
Portugal-based Jerónimo Martins has announced first half results saying that it was enjoying positive growth in its operations in its home market and in Poland. We look at the strategies being put in place to help the retailer win in these competitive markets during 2015. Results show positive performance across operations Jerónimo Martins said that consolidated sales rose by 9.8% in euro t...
27 July 2015
Our team of analysts travel around the world, seeking out the latest in FMCG retail innovation. We have selected some of the best stores from our visits across the year so far. UK - Waitrose Food & Home, Salisbury Selected by: Priya Chandarana, Retail Analyst Waitrose's newest flagship, this store has a clear focus on the retailer's food credentials. There is a particularly nice tie...
03 June 2015
As DIA and Intermarché announce the formation of a ‘ negotiating platform ’ for Portugal only, Jerónimo Martins and Intermarché are discussing the possible acquisition of a number of Alisuper stores and Sonae and Auchan launch new store concepts, we round up the news from the country. DIA and Intermarché form ‘a joint platform for negotiating’ DIA, which operates the Minipreço banner in Por...
18 May 2015
Following the announcement of results from Portugal-based Sonae and Jerónimo Martins and Spain-based DIA, which operates the Minipreço and Clarel chains in the country, we round up what was said in the results statements and what this means for the retailers’ strategies for the rest of 2015. Sonae MC sees sales rise 0.8% in Q1… Sonae MC, the food-focused division of Sonae, has announced tha...
29 April 2015
Portugal-based Jerónimo Martins has announced first quarter results saying that group sales rose 9.4% to €3.19 billion, with both its Pingo Doce and Biedronka banners enjoying like-for-like growth, despite challenging market conditions that the retailer said ‘ saw promotions and intense price competition continue to be dominant in the food retail sector ’. The latter point affected the retailer’s...
13 April 2015
As Portugal-based Jerónimo Martins announces it is to expand its private label ranges, add its first convenience store at a BP petrol forecourt station and its chief executive discusses its investment plans for the market, we round up the news from the retailer. Jerónimo Martins sets out investment plans for 2015 Jerónimo Martins’s chairman, Pedro Soares dos Santos, has said that the reta...
18 March 2015
Portugal-based Jerónimo Martins’ director for Colombia, Pedro Albuquerque Veloso, has said that the retailer will invest €300 million until 2020 to expand the Ara chain nationwide in the country. 50 stores to be opened in 2015 Veloso said that Jerónimo Martins will open 50 new stores in 2015, expanding its presence from the 84 it ended 2014 with, with the majority being added in the region ...
16 March 2015
As Lidl and El Corte Inglés launch new promotions, Covirán’s chief executive discusses the retailer’s success in the market and Jerónimo Martins begins exporting its private label to its operations in Poland, we round up the news from the market. Lidl celebrates 20 years in Portugal Lidl has launched its biggest advertising campaign to celebrate 20 years in the country, with music at its co...
22 January 2015
2014 was a year of extremes in Central and Eastern Europe. While some retail markets, like Poland, were affected by deflation, Russia and Ukraine faced double-digit food inflation. The development had a massive impact on retailers’ financial results. While one of the best recent performers, Biedronka, reported negative like-for-like sales -0.8% in 2014, retailers in Russia profited from December’...